NZ Forest Products – March 2020 Monthly Market Report
The loss to business across all primary sectors is inevitable as the Corona Virus starts to get a grip on nations across the globe. For the commercial forest sector, harvest production rates have dropped 20 – 50%. This is having wide-ranging impacts on the ground. There Wood is starting to move but certainly not at […]
NZ Forest Products – February 2020 Monthly Market Report
The NZ Forest Industry is about to see some of its most challenging times ahead as China starts to struggle with the Corona Virus outbreak at Hubei. Our reliance on China is greatly affected both with the inability to obtain machinery parts from China along with the reduced demand for all products from abroad including […]
NZ Forest Products – January 2020 Monthly Market Report
Welcome all, to a new year in the bush. Export markets are stable for the moment however no doubt Chinese New Year is coming early so we can expect an earlier downturn in log exports. Inventory across the eastern seaboard is increasing. The volumes are said to be around 4.2-4.5 million cubic metres. This is […]
NZ Forest Products – December 2019 Monthly Market Report
Some market aspects are positive as we move into the festive season, some are not so good but hopefully, we have turned the corner to a brighter future. I can state the domestic market is stable and strong with good demand flow. Forest owner prices stable at a good volume. Logging crews are predominantly getting […]
NZ Forest Products – November 2019 Monthly Market Report
As we head into the summer we have seen the stocks overseas dwindle and some encouragement in the logging environment as the good old western capitalism fires back into life once more. This has brought export prices back to 90% of the 5-year average but still well away from the over-inflated pricing we saw in […]
NZ Forest Products – October 2019 Monthly Market Report
As we head towards summer, log prices have rebounded slightly on an upward movement and are back within 85% of the last 5 years spot prices paid. Inventory globally is shrinking with China in particular well below the 4 million cubic meter level mainly due to lack of supply from both New Zealand and Australia. […]
NZ Forest Products – September 2019 Monthly Market Report
September has confirmed in my opinion we have hit the bottom in respect to CFR Prices in China with the price remaining around the 110 -112 USD however this wont be seen in an uplift AWG prices in the domestic market as its been remove from the equation by slightly higher shipping prices . In […]
NZ Forest Products – August 2019 Monthly Market Report
China is still in a holding Pattern when it comes to pine import prices with low demand generally during July with Log Prices CIF China sitting still at the 110.00 USD recovering slightly from June low of Just over 102.00 CIF USD per Jas M3 at the very bottom.
NZ Forest Products – July 2019 Monthly Market Report
China market for export log product from NZ has turned the spot log market into crisis with many operators cutting Contracts in jeopardy. In the space of a month, US$20+ per cubic metre has been wiped off the CIF price for bulk shipping on NZ Log product on its main Grade A Product line.